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DOI	10.1016/j.enpol.2020.111890
	Do electric vehicles need subsidies in the UK?
	Santos G.; Rembalski S.
发表日期	2021
ISSN	03014215
卷号	149
英文摘要	We analyse the total cost of ownership of petrol, diesel, hybrid electric vehicles, plug-in hybrid electric vehicles and battery electric vehicles in the UK over 2017–2029. We do this for large, medium and small cars, under assumptions of 0%, 6%, 30% and 60% discount rates. We find that some electric car models from mass market brands are close to reaching cost parity with their petrol, diesel and hybrid counterparts, but subsidies would accelerate their uptake, especially for impatient consumers with high discount rates. Plug-in hybrid electric vehicles are not worth the effort because, although relatively low, their CO2 emissions are non-zero, and their purchase price is as high or even higher than that of battery electric vehicles. A subsidy of £4,500 or an exemption from the 20% VAT, perhaps capped at £4,500, would accelerate mass market penetration of battery electric vehicles in the UK. If decarbonising road transport were not as urgent as it is, the market for battery electric vehicles could be left to develop on its own, without government intervention. However, because the cost of batteries is not falling fast enough, subsidies are needed in the short term. © 2020 Elsevier Ltd
关键词	CO2 emissions Electric vehicles GHG emissions Life cycle costs Total cost of ownership Transport decarbonisation
英文关键词	Automotive batteries; Battery electric vehicles; Commerce; Diesel engines; Gasoline; Model automobiles; Decarbonising; Discount rates; Government intervention; Market penetration; Plug in hybrid electric vehicles; Purchase price; Road transports; Total cost of ownership; Plug-in hybrid vehicles; carbon dioxide; carbon emission; cost analysis; electric vehicle; greenhouse gas; life cycle analysis; subsidy system; United Kingdom
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/205322
作者单位	School of Geography and Planning, Cardiff University, Glamorgan Building, King Edward VII Avenue, Cardiff, CF10 3WA, United Kingdom
推荐引用方式 GB/T 7714	Santos G.,Rembalski S.. Do electric vehicles need subsidies in the UK?[J],2021,149.
APA	Santos G.,&Rembalski S..(2021).Do electric vehicles need subsidies in the UK?.Energy Policy,149.
MLA	Santos G.,et al."Do electric vehicles need subsidies in the UK?".Energy Policy 149(2021).